Thailand - Strawberries - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Thailand - Strawberries - Market Analysis, Forecast, Size, Trends and Insights

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Strawberry Price in Thailand - 2023

Contents:

  1. Strawberry Price in Thailand (CIF) - 2023
  2. Strawberry Price in Thailand (FOB) - 2022
  3. Strawberry Imports in Thailand
  4. Strawberry Exports in Thailand

Strawberry Price in Thailand (CIF) - 2023

The average strawberry import price stood at $8,449 per ton in September 2023, with a decrease of -14.9% against the previous month. In general, the import price recorded a mild reduction. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 88% month-to-month. Over the period under review, average import prices hit record highs at $20,106 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($49,259 per ton), while the price for China ($1,725 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+33.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Strawberry Price in Thailand (FOB) - 2022

The average strawberry export price stood at $3,741 per ton in 2022, flattening at the previous year. Overall, the export price, however, posted a strong increase. The pace of growth was the most pronounced in 2013 an increase of 71% against the previous year. The export price peaked at $3,785 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($8,220 per ton), while the average price for exports to Lao People's Democratic Republic ($849 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.

Strawberry Imports in Thailand

In 2022, overseas purchases of strawberries were finally on the rise to reach 2K tons after two years of decline. Over the period under review, imports, however, showed a deep setback.

In value terms, strawberry imports soared to $22M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Strawberry in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia5.37.17.38.316.1%
South Korea3.84.75.57.726.5%
Japan2.82.02.43.911.7%
United States1.21.21.41.916.6%
New Zealand1.91.91.00.6-31.9%
OthersN/AN/A0.20.20.0%
Total14.916.817.822.514.7%

Top Suppliers of Strawberry to Thailand in 2022:

  1. Australia (741.2 tons)
  2. United States (566.4 tons)
  3. South Korea (559.1 tons)
  4. Japan (102.4 tons)
  5. New Zealand (47.1 tons)

Strawberry Exports in Thailand

In 2022, overseas shipments of strawberries decreased by -28.5% to 21 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,809% against the previous year.

In value terms, strawberry exports reduced notably to $77K in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,428% against the previous year.

Export of Strawberry in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia1.425.115.039.4204.2%
MyanmarN/A25.738.912.4-30.5%
CanadaN/AN/A3.48.3144.1%
Saudi ArabiaN/AN/AN/A4.90%
Lao People's Democratic RepublicN/A1.12.23.680.9%
SingaporeN/AN/AN/A2.90%
RussiaN/AN/A32.3N/A0%
Others3.014.716.75.220.1%
Total4.466.610976.8159.4%

Top Export Markets for Strawberry from Thailand in 2022:

  1. Cambodia (10.5 tons)
  2. Lao People's Democratic Republic (4.3 tons)
  3. Myanmar (3.5 tons)
  4. Canada (1.0 tons)
  5. Saudi Arabia (0.6 tons)
  6. Singapore (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the strawberry market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 544 - Strawberries

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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